HKMA and SFC Cross-Agency Steering Group Announces Collaboration with CDP to Facilitate Climate-Related Risk Disclosures by Small and Medium Enterprises

On 20 December 2022, the Green and Sustainable Finance Cross-Agency Steering Group (the “Steering Group”) co-chaired by the Hong Kong Monetary Authority (“HKMA”) and the Securities and Futures Commission (“SFC”) announced that it has entered into a collaboration arrangement with CDP, an international non-profit organisation that runs the global environmental disclosure system for companies, cities, states and regions.

Through this collaboration, the Steering Group and CDP seek to:

  1. enhance climate and environmental disclosure in
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